Rogers Sugar (OTCMKTS:RSGUF) Shares Down 0.4% – Time to Sell?

Shares of Rogers Sugar Inc. (OTCMKTS:RSGUF) were down 0.4% during trading on Wednesday . The stock traded as low as $4.61 and last traded at $4.61. Approximately 23,288 shares traded hands during trading, an increase of 144% from the average daily volume of 9,538 shares. The stock had previously closed at $4.63.

Analysts Set New Price Targets

Separately, Scotiabank restated a “sector perform” rating on shares of Rogers Sugar in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Rogers Sugar Price Performance

The company’s 50-day moving average price is $4.43 and its 200-day moving average price is $4.14.

About Rogers Sugar

Rogers Sugar Inc engages in refining, packaging, marketing, and distribution of sugar and maple products in Canada, the United States, Europe, and internationally. The company operates in two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, liquid, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.